Catherine Austin Fitts is the
President of Solari, Inc., a former Assistant Secretary of Housing –
Federal Housing Commissioner in the first Bush Administration and a
former partner and member of the board of Dillon, Read & Co. Inc and
President of Hamilton Securities.

She is a member of the advisory board
of Sanders Research Associates
http://www.sandersresearch.com/ in
London and publishes a column in Scoop Media in New Zealand

"Engrave this upon my heart:
There isn't anyone you couldn't love once you've heard their
story." Mary Lou Kownacki

"What is relevant is what
solves the problem. If we had thought through real relevancies,
we would be on Sirius by now."Peter Medewar

It is time to deal with the 64 dollar question -
the biggest crazy aunt in the living room.

The questions that need to be raised in any
effort to find the truth about a significant event related to power and
money in the US - and answered if we are to ever find the truth of how our
world works - are:

WHAT HAS BEEN THE SIZE OF THE U. S.
BLACK BUDGET OVER THE LAST 50 YEARS?

WHAT ARE THE SOURCES AND USES OF FUNDS
IN THE BLACK BUDGET?

WHO GOVERNS AND MANAGES THE BLACK BUDGET
AND OPERATIONS?

WHY HAVE SO MANY DECENT PEOPLE SUPPORTED
AN ILLEGAL BLACK BUDGET OPERATION OF SUCH MAGNITUDE FOR SO LONG?

IS THE WAR ON TERRORISM MOVING THE BLACK
BUDGET ON BUDGET?

I do not know the answer to these questions.
What I do know is that asking these questions brings up a whole pile of
challenging uncertainty.

(For background on my experience dealing
with black budget/slush fund operations at
FHA and Ginnie Mae at the Department of Housing and Urban Development
- HUD - Justice, Treasury and the New York Federal Reserve Bank, see my
article, "The
Myth of the Rule of Law.")

When dealing with challenging uncertainty, I
find that many researchers simply delete the existence of such uncertainty
from their reality. That is a big mistake - again pretending that we do not
have a very big crazy aunt sitting in the living room.

Carone Ferdinand gives his family the
sense of all of the organized crime operations by CIA, Army and Mafia
through the 1970's as legitimate for national security purposes that then
got out of hand and turned bad in the 1980's.

That is, what started out as justifiable
got out of hand.

This begs the question,

Why Were Such Activities Considered
Justifiable?

The way to deal with uncertainty is with
scenario design and probability - i.e. to create a framework of the possible
explanations with your best estimate of the plausible scenarios and the
probability (all adding up to 100%) of each one being true based on
intuition.

Maintaining such a framework allows data
collection on key variables and assumptions and an evolution to occur that
can enlighten - even determine - concrete questions and answers over time.

So, let me tell a story, give you my framework
that I use to handle the fact that I do not have the answers and invite your
framework.

I am not looking to hear only what is wrong with
my framework. I am looking to improve mine or find a better one. Or better
inform my estimate of the probabilities that this one or that one is true.
Hence, I invite you to put forward your framework for managing this
uncertainty. If we had the truth of the issue I am going to introduce, I
dare say we could get to the bottom of 9-11 faster.

In 1998, I was approached by John Peterson,
head of the Arlington Institute, a small high quality military think tank in
Washington, DC. I had gotten to know John through Global Business Network
and had been impressed by his intelligence, effectiveness and compassion.
John asked me to help him with a high level strategic plan Arlington was
planning to undertake for the Undersecretary of the Navy.

At the time I was the target of an intense smear
campaign that would lead the normal person to assume that I would be in jail
shortly or worse. John explained that the Navy understood that it was all
politics - they did not care.

I met with a group of high level people in the
military in the process - including the Undersecretary. According to John,
the purpose of the plan - discussed in front of several military or retired
military officers and former government officials - was to help the Navy
adjust their operations for a world in which it was commonly known that
aliens exist and live among us.

When John explained this purpose to me, I
explained that I did not know that
aliens existed and lived among us. John
asked me if I would like to meet some aliens. For the only time in my life,
I declined an opportunity to learn about something important.

I was concerned that my efforts with Arlington
could boomerang and be connected with the smear campaign and the effects
that I was managing. I regret that decision. At John's suggestion I started
to read books on the topic and read about 25 books over the next year on
the alien question,
the black budget, and
alien technology.

I had to drop from the project due to the need
to attend to litigation and the physical harassment and surveillance of me
and some of the people helping me.

This process - which turned out to be incredibly
time consuming - I now believe was connected with the black budget/slush
fund activities connected with FHA and Ginnie Mae at HUD. (See, "The Myth of
the Rule of Law") John then asked me if I would join the board of the
Arlington Institute.

When I attended one of my first meetings, I
joined in discussion with about 10 people which included James Woolsey,
former head of the CIA in the Clinton Administration, Napier Collyns,
founder of Global Business Network and former senior Shell executive, Joe
Firmage, and other members of the Arlington board.

The main topic of discussion was whether or not
the major project for the coming year should be a white paper on how to help
the American people adjust to aliens existing and living among us.

I said nothing - just listened. Not that long
after, I dropped from the board due to the continued demands related to
litigation with the Department of Justice and their informant.

To cut a series of additional long stories
short, when I talk with my few sources from the military and intelligence
community, I hear the same themes:

Aliens exist and live among us;

In part for this reason as well the
accumulated investment over the last 50 years, the technology we
have access to through the black budget is far more advanced than is
commonly understood;

The black budget/slush fund construct
was created to deal with this issue, which is why reasonable people
thought selling drugs to the children who were US citizens was the
better of several options - including the option of telling the
American public the truth and funding the expenses on budget.

As a result of these experiences, here is my
framework for dealing with this very large pile of uncertainty.

ONE OF THE THREE FOLLOWING
POSSIBLE SCENARIOS MUST BE TRUE

SCENARIO #1. ENTRE NOUS:

The alien question is the single largest
and most expensive disinformation campaign in the history of our
race.

A portion of the human race has advanced
technologically so far beyond the rest of us - and is attributing
various things to aliens as a way of managing their resulting risk -
that we have become as aliens to each other.

To fully understand this scenario, we
need to try to understand the use of individual mind control such as
criminal hypnosis to effect financial and government fraud and
corruption and the truth, whatever it is, of wider subliminal
programming and brainwashing. These are slippery subjects for most
people to deal with unless they have the training and ability to do
so.

% PROBABILITY SCENARIO #1 IS TRUE ______
(You fill in)

SCENARIO #2 - HOLY COW!:

Aliens exist and live among us. Planet
earth is subject to the politics, economics and laws and/or
lawlessness of a larger system or systems.

The transfer of advanced technology into
a society that has not evolved governance and legal systems to
manage a world with the presence of such technology and the
influence of such other system(s) helps to explain current events.

To fully understand this scenario, we
must also try to understand the use of
individual mind control such as
criminal hypnosis to effect financial and government fraud and
corruption and the truth, whatever it is, of wide subliminal
programming and brainwashing.

Again, these are slippery subjects for
most people to deal with unless they have the training and ability
to do so.

% PROBABILITY SCENARIO #2 IS TRUE ______
(You fill in)

SCENARIO #3 - MUDDLED: Some
combination of (1) and (2) above.

% PROBABILITY SCENARIO #3 IS TRUE ______
(You fill in)

TOTAL % PROBABILITY OF SCENARIOS #1, 2 & 3 BEING
TRUE 100%

Could my experiences with Arlington and the Navy
or any subsequent contacts fit with a disinformation scenario? Absolutely.

I have no evidence to support any scenario. The
only evidence I believe I have is my experience dealing with tremendous
amounts of money siphoned off over the years, whether through Iran-Contra
S&L, HUD and BCCI fraud, or the latest round of money missing from the
federal government in the last five years.

This is all documented
in the articles below. This cash flow and
the operations and syndicates it appears to fund are important to what
drives the governance and allocation of resources in this country and around
the globe.

There is a reason that power and money are
centralizing and the rich are getting richer. I want to know what it is.

Whichever scenario is true - and I do not
know which one is - if we had the truth it will help us grapple
with
9-11 and the War on Terrorism. It would also help us
better understand all the efforts to press for centralization of economic
and political power that have grown as the black budget has grown since
WWII. The reality is the possibilities of why 9-11 occurred and how it was
operationalized are impacted by the facts of the US black budget and the
advanced technology it has developed.

Why would sane and even decent people think it
was the best option for the good of the whole? We must sit in the shoes of
the person or people who gave the order - whoever they may be and wherever
they may be - and understand how their power and money worked.

Why would a group with the operational and
financial capacity to effect a 9-11 operation give the green light to plan
9-11, finance 9-11, do 9-11, stand down so 9-11 could happen, take advantage
of 9-11 or to make sure the truth was not illuminated? My experience in
Washington and Wall Street would indicate that there is a reasonable chance
that all these various people and many in the food chain Are Not Bad Or
Irrational People.

That is, we have a better chance of finding the
truth if for purposes of our explorations we assume that the people involved
in all these roles were people like you and me - just with a different map
of certain parts of the world and dealing with a variety of stress and
pressures trying to build cooperation or achieve goals that we do not
understand.

Watching the federal government contract
announcements and without benefit of seeing the full budget and assuming
The Disclosure Project allegations
regarding the estimates of the black budget size, if I had to guess today my
guess would be that 9-11 has been highly successful in permitting the black
budget to be moved on budget, partly in the normal budget and partly in the
budget that is only disclosed to the Congressional intelligence committees.

The solution to continued growth and funding of
the black budget may have been to steal as much money and assets as possible
from the federal budget and then to move the black budget on budget when
control of media, Congress, Justice and Securities & Exchange Commission
ensured that the legal budget was non-transparent, controlled by private
government contractors and could not be harmed or fiddled with by Congress.

(See
various stories on the disappearance of over $3.3 trillion from
the federal government from fiscal 1998-2001)

Grossly oversimplified, by the end of the 2004
fiscal year, covert operations and the black budget may be fully legal, run
and controlled by corporations and banks without interference from
knowledgeable career civil service, taxpayer funded, and non-transparent.

Why do I say all of this?

We do not have time to pay attention to people
who use smears like "conspiracy theorist" to waste our time. Money, budgets,
finance... these are all facts. If something does not work, and it continues
to not work, there is a reason.

Systems have a logic. They have a rationale.
Money helps explain and illuminate that rationale. Anyone who would smear a
serious researcher or writer for trying to understand where a great deal of
money is disappearing to as a "conspiracy theorist" is someone who would
never be taken seriously or associated with in the circles in which I
travel.

The exception is if the person doing the
smearing is a professional being paid to smear those who have the scent of
"the real deal" - Cointelpro or related public relations. The number of
people paid to do such things are many and growing.

We know in regards to 9-11 one of two scenarios
must be true - some portion of the US military and intelligence are,

complicit and/or

guilty of criminal gross negligence

We also know that the official story is not
truthful. Either scenario and the reality of the official story beg the
question, "why?"

This course always leads us to consider the fact
that US military and intelligence have enjoyed significant expansion of
their budgets and powers as a result of 9-11. We are rewarding failure. 9-11
was great for business. Lockheed Martin's stock is up over 50% in a falling
stock market. The oil companies have their pipeline.

When a system does not work and continues to not
work, there is something that prevents its learning.

Ultimately what we must understand that the
problem is not that the system does not work and that it is not learning.
The problem is that the system is controlled and operated by the most
powerful forces in that system and that the system is indeed working and
learning in the general direction they want it to go.

This happens in a manner that is highly organic
and requires lots of planning, trial and error and factionalism that
involves competition and cooperation over time in the pursuit of the
system's real goals. Hence, the system is working and is learning. It is our
construct that is wrong. We do not understand the system and the goals of
the system.

Once we are clear that the system is working and
is learning, once we stop falling back on scapegoating as a technique to
explain events, we can start to understand the real system that we are a
part of. This is how power and money work in reality.

The amount of money and power spent to keep the
general population from understanding this - and focused on things like
scapegoating which keep us from building a good map of "the real deal" or
gaining the power to impact events by using our money and time as a vote in
the marketplace in which the banks and corporations must thrive - is
immense.

That is why I strongly encourage reading Jon
Rappoport's back interviews on his Infomonster and becoming a subscriber
for his ongoing interviews.